ELDORADO GOLD CORP (ELD.CA) Stock Fundamental Analysis
TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to ELD. ELD was compared to 805 industry peers in the Metals & Mining industry. ELD has an excellent profitability rating, but there are some minor concerns on its financial health. ELD has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make ELD a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
ELD had positive earnings in the past year.
ELD had a positive operating cash flow in the past year.
In multiple years ELD reported negative net income over the last 5 years.
In the past 5 years ELD always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.49%, ELD belongs to the top of the industry, outperforming 90.06% of the companies in the same industry.
With an excellent Return On Equity value of 8.19%, ELD belongs to the best of the industry, outperforming 90.56% of the companies in the same industry.
ELD has a better Return On Invested Capital (5.87%) than 91.80% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELD is significantly below the industry average of 12.05%.
The last Return On Invested Capital (5.87%) for ELD is above the 3 year average (2.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 8.19% | ||
| ROIC | 5.87% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
1.3 Margins
With an excellent Profit Margin value of 23.03%, ELD belongs to the best of the industry, outperforming 96.02% of the companies in the same industry.
In the last couple of years the Profit Margin of ELD has grown nicely.
ELD has a better Operating Margin (33.96%) than 95.40% of its industry peers.
ELD's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.37%, ELD belongs to the top of the industry, outperforming 93.54% of the companies in the same industry.
In the last couple of years the Gross Margin of ELD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.96% | ||
| PM (TTM) | 23.03% | ||
| GM | 40.37% |
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
ELD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ELD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ELD has been increased compared to 5 years ago.
Compared to 1 year ago, ELD has a worse debt to assets ratio.
2.2 Solvency
ELD has an Altman-Z score of 1.55. This is a bad value and indicates that ELD is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ELD (1.55) is comparable to the rest of the industry.
ELD has a debt to FCF ratio of 16.34. This is a negative value and a sign of low solvency as ELD would need 16.34 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.34, ELD belongs to the top of the industry, outperforming 89.94% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that ELD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.24, ELD is doing worse than 67.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.34 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.73
WACC8.02%
2.3 Liquidity
A Current Ratio of 3.12 indicates that ELD has no problem at all paying its short term obligations.
ELD has a better Current ratio (3.12) than 64.35% of its industry peers.
ELD has a Quick Ratio of 2.53. This indicates that ELD is financially healthy and has no problem in meeting its short term obligations.
ELD's Quick ratio of 2.53 is fine compared to the rest of the industry. ELD outperforms 61.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 90.91% over the past year.
Measured over the past years, ELD shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
Looking at the last year, ELD shows a very strong growth in Revenue. The Revenue has grown by 36.90%.
Measured over the past years, ELD shows a quite strong growth in Revenue. The Revenue has been growing by 16.44% on average per year.
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
3.2 Future
Based on estimates for the next years, ELD will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.62% on average per year.
Based on estimates for the next years, ELD will show a quite strong growth in Revenue. The Revenue will grow by 13.20% on average per year.
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ELD is valuated correctly with a Price/Earnings ratio of 14.31.
Compared to the rest of the industry, the Price/Earnings ratio of ELD indicates a rather cheap valuation: ELD is cheaper than 92.42% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.29, ELD is valued a bit cheaper.
ELD is valuated reasonably with a Price/Forward Earnings ratio of 8.20.
ELD's Price/Forward Earnings ratio is rather cheap when compared to the industry. ELD is cheaper than 93.66% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ELD to the average of the S&P500 Index (22.17), we can say ELD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.31 | ||
| Fwd PE | 8.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELD is valued cheaply inside the industry as 93.79% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ELD is valued cheaply inside the industry as 89.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 74.4 | ||
| EV/EBITDA | 7.08 |
4.3 Compensation for Growth
ELD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ELD has an outstanding profitability rating, which may justify a higher PE ratio.
ELD's earnings are expected to grow with 23.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.55
PEG (5Y)0.16
EPS Next 2Y32.48%
EPS Next 3Y23.36%
5. Dividend
5.1 Amount
No dividends for ELD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELD (6/2/2025, 7:00:00 PM)
28.77
+1.08 (+3.9%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.47%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap5.91B
Analysts72.86
Price Target30.86 (7.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.89%
Min EPS beat(2)-6.25%
Max EPS beat(2)4.47%
EPS beat(4)3
Avg EPS beat(4)7.62%
Min EPS beat(4)-6.25%
Max EPS beat(4)30.69%
EPS beat(8)7
Avg EPS beat(8)40.84%
EPS beat(12)9
Avg EPS beat(12)38.41%
EPS beat(16)12
Avg EPS beat(16)19.75%
Revenue beat(2)1
Avg Revenue beat(2)1.96%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)3.93%
Revenue beat(4)1
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-8.86%
Max Revenue beat(4)3.93%
Revenue beat(8)2
Avg Revenue beat(8)-4.75%
Revenue beat(12)2
Avg Revenue beat(12)-6.74%
Revenue beat(16)3
Avg Revenue beat(16)-6.47%
PT rev (1m)6.4%
PT rev (3m)15.49%
EPS NQ rev (1m)18.01%
EPS NQ rev (3m)-5%
EPS NY rev (1m)0%
EPS NY rev (3m)5.22%
Revenue NQ rev (1m)9.77%
Revenue NQ rev (3m)2.3%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.31 | ||
| Fwd PE | 8.2 | ||
| P/S | 3.04 | ||
| P/FCF | 74.4 | ||
| P/OCF | 6.26 | ||
| P/B | 1.08 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 7.08 |
EPS(TTM)2.01
EY6.99%
EPS(NY)3.51
Fwd EY12.2%
FCF(TTM)0.39
FCFY1.34%
OCF(TTM)4.59
OCFY15.97%
SpS9.47
BVpS26.62
TBVpS26
PEG (NY)1.55
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.49% | ||
| ROE | 8.19% | ||
| ROCE | 8.8% | ||
| ROIC | 5.87% | ||
| ROICexc | 5.87% | ||
| ROICexgc | 5.97% | ||
| OM | 33.96% | ||
| PM (TTM) | 23.03% | ||
| GM | 40.37% | ||
| FCFM | 4.08% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.21%
ROE(5y)-0.31%
ROIC(3y)2.89%
ROIC(5y)3.08%
ROICexc(3y)3.41%
ROICexc(5y)3.56%
ROICexgc(3y)3.48%
ROICexgc(5y)3.64%
ROCE(3y)4.33%
ROCE(5y)4.62%
ROICexcg growth 3Y24.23%
ROICexcg growth 5Y48.52%
ROICexc growth 3Y24.27%
ROICexc growth 5Y48.54%
OM growth 3Y12.53%
OM growth 5Y28.66%
PM growth 3YN/A
PM growth 5Y10.87%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 16.34 | ||
| Debt/EBITDA | 1.27 | ||
| Cap/Depr | 241.76% | ||
| Cap/Sales | 44.44% | ||
| Interest Coverage | 23.98 | ||
| Cash Conversion | 92.7% | ||
| Profit Quality | 17.74% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.53 | ||
| Altman-Z | 1.55 |
F-Score6
WACC8.02%
ROIC/WACC0.73
Cap/Depr(3y)168.27%
Cap/Depr(5y)144.12%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
EBIT growth 1Y137.76%
EBIT growth 3Y26.05%
EBIT growth 5Y49.82%
EBIT Next Year86.25%
EBIT Next 3Y47.77%
EBIT Next 5Y21.39%
FCF growth 1Y161.63%
FCF growth 3Y-13.48%
FCF growth 5YN/A
OCF growth 1Y218.95%
OCF growth 3Y21.25%
OCF growth 5Y31.26%